Why Arm Holdings Stock Is Skyrocketing Again Today
Arm Holdings (NASDAQ: ARM) stock is surging in Monday's trading session, up 10.1% as of 1:15 p.m. ET, according to data from S&P Global Market Intelligence.
Before the market opened, it was announced that the semiconductor tech company had joined a new partnership to advance artificial intelligence and other technologies in the telecommunications industry. The stock is also getting a boost from bullish analyst coverage. The company's share price is now up 132% from the close of trading on the day of its initial public offering (IPO) last September.
This year's Mobile World Congress started Monday and will run through Thursday, and it has already delivered some promising news for Arm investors. The semiconductor design company has entered into a new partnership with Nvidia, Microsoft, Amazon, Softbank, Samsung, , and Ericsson to bolster radio-area-network (RAN) and AI technologies in the telecommunication industry.
Source Fool.com
Nokia Corp. Stock
With 1 Sell predictions and 1 Buy predictions the community sentiment towards the Nokia Corp. stock is not clear.
As a result the target price of 4 € shows a slightly positive potential of 17.1% compared to the current price of 3.42 € for Nokia Corp..
